ALO Law Office- IDT Tax I Arbitration I Litigation
Date: 21.07.2025
CESTAT Chandigarh Sets Aside Drawback Recovery and Penalty
Background of the Case
The case revolves around allegations of fraudulent claim of duty drawback and DEPB credits by three exporters who allegedly mis-declared goods as high-value items like gear cutting tools of cobalt-bearing high-speed steel and heat-resistant rubber tension tapes through the Ludhiana port.
The Directorate of Revenue Intelligence (DRI), Amritsar, initiated investigations linking the appellants to a broader fraud syndicate allegedly operated shell firms like Jyoti Steel and Krishna Hardware. The appellants were accused of receiving fictitious invoices from these shell companies to claim inflated export benefits.
This Article has been written by Shri Ravi Shekhar Jha, Advocate Delhi High Court based on his interpretation of the law. He can be reached at his email id intelconsul@gmail.com or on his Mobile +91-9999005379.
Source: CESTAT Chandigarh
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